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Paratika and Nearpay Collaborate to Turn Smartphones into POS Devices
🇹🇷 Turkey /Technology

Paratika and Nearpay Collaborate to Turn Smartphones into POS Devices

From Cumhuriyet · () Turkish

Translated from Turkish, summarized and contextualized by DistantNews.

At a glance

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  • Payment processor Paratika has integrated Nearpay's SoftPOS SDK to enable contactless and QR-based payments for its clients.
  • This integration allows businesses to accept payments directly through Android devices without needing additional physical POS hardware.
  • The SoftPOS solution supports various payment methods, including NFC contactless cards, QR codes, and digital wallets, operating on the BKM TechPOS infrastructure.

Paratika, a payment institution operating under Payten Teknoloji, has integrated Nearpay's SoftPOS SDK into its system. This strategic move aims to provide corporate clients and SMEs with the capability to accept contactless and QR-based payments.

The integration enables businesses to conduct transactions directly via Android devices, eliminating the need for investment in separate physical POS hardware. Nearpay's SoftPOS solution is compliant with EMVCo standards and operates on the BKM TechPOS infrastructure, featuring PCI MPoC certification.

Thanks to Nearpay's SoftPOS technology, we offer our customers a hardware-independent collection experience that easily integrates into their business processes.

— Burak KutluPayten Country Leader and Paratika CEO, explaining the benefits of the new payment integration.

With this new system, businesses can utilize a single platform for various payment methods. These include NFC-based contactless card payments, QR code payments, FAST-based collections, and digital wallet transactions. The technology can be integrated into existing mobile and field applications or accessed through a dedicated application provided by Paratika.

The system operates on the BKM TechPOS infrastructure and supports both NFC and QR payments.

— Ece BerkolNearpay Vice President for Europe, detailing the technical aspects of the SoftPOS solution.

Burak Kutlu, Payten Country Leader and Paratika CEO, emphasized the demand for solutions that easily adapt to business operations. "Thanks to Nearpay's SoftPOS technology, we offer our customers a hardware-independent collection experience that easily integrates into their business processes," Kutlu stated.

Ece Berkol, Nearpay Vice President for Europe, highlighted that the system operates on the BKM TechPOS infrastructure and supports both NFC and QR payments. Hasan Aksakal, Nearpay Technology Turkey Director, added that the integration simplifies business processes for both B2B and end-user payment scenarios. The collaboration promises "hardware-independent collections" and streamlined payment acceptance for a wide range of businesses.

This integration simplifies business processes for both B2B and end-user payment scenarios.

— Hasan AksakalNearpay Technology Turkey Director, on the impact of the integration.
DistantNews Editorial

Originally published by Cumhuriyet in Turkish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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